ABU DHABI // A glitch in the municipality’s property registration system has stopped hundreds of people from moving into new homes. Long queues have formed all day at the Tawtheeq offices for more than a week, with many people having to return the next …
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Abu Dhabi rents expected to decline in 2017
the property division of Abu Dhabi Islamic Bank, told The National. “I think possibly the effect of the reintroduction of the rent cap could be that rents start to stabilise,” added Andrea Menown, head of investment sales at broker LLJ. Either way …
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Fun Abu Dhani attraction coming in 2018
World Abu Dhabi will bring together Super Heroes and Super-Villains from the DC Universe, including Batman, Superman and Wonder Woman, as well as iconic animated properties such as Bugs Bunny, Scooby-Doo and Tom and Jerry, creating a family-friendly …
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Rents and prices set to fall further in Abu Dhabi in 2017
Average residential rents and property prices in Abu Dhabi fell in 2016 and further declines are likely in 2017 due to new supply coming onto the market, the latest analysis report suggests. Apartment rents fell by 7% on average year on year and villas …
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Rak Properties signs deal to launch InterContinental hotel
Ras Al Khaimah: Rak Properties, one of the biggest property developers listed on the Abu Dhabi Stock Exchange, has signed a Dh11.5 million contract with Al Nuaimi Group, to embark on the implementation phase of its upcoming InterContinental Mina Al Arab …
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Abu Dhabi sees big demand for affordable lodging
The UAE capital’s largest and most influential property investment show, Cityscape Abu Dhabi will run from April 18 to 20 at the Abu Dhabi National Exhibition Centre. It has returned with new features and highlights across 18,000 sq m of exhibition space …
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Abu Dhabi tenants will move for better value in 2017, says latest Asteco report
The average annual rent of a high-end two-bedroom property on Abu Dhabi Island falling 10% to AED141,000 in 2016; and a two-bedroom apartment in Khalidya/Bateen dropping by as much as 13%, on average, to AED146,000. Mid and lower end apartments experienced …
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RAK Properties reports 9.4% profit growth in 2016
RAK Properties, Ras Al Khaimah’s largest property developer listed on the Abu Dhabi Stock Exchange, has reported 9.38% net profit growth and increased profit margins for 2016. The company, which has been leading the residential and commercial development …
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UAE Islamic banking assets reach Dh520b
Abu Dhabi: Saif Hadef Al Shamsi, Assistant Governor for Monetary Policy and Financial Stability at the UAE Central Bank, has said that total Islamic banking assets in the UAE have increased to approximately Dh520 billion in the past few years. Al Shamsi …
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Rapper Silento stuck in UAE over business dispute
The dispute centres on shows Silento was supposed to play in Al Ain and the Emirati capital, Abu Dhabi, on Feb. 18, according to Makki Taj El Sir Abdel Halim, who owns event organizer Mackie Entertainment. The promoter said he is seeking to recover lost …
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Russian sale of fighter jets to UAE highlights shift toward Kremlin amid U.S. hesitancy
News of the deal between the Kremlin and the UAE came amid murmurs that Moscow is close to capping off a similar deal to send 10 Flanker-E jets to Indonesia and that Russia is slated to send a second batch of the same warplanes to China. These deals — and …
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'Watch me (whip/nae nae)' rapper Silento stuck in United Arab Emirates over business dispute
Silento, a U.S. rapper known for his hit song “Watch Me (Whip/Nae Nae)” has had his passport seized by authorities in the United Arab Emirates over a business dispute.(Photo by Drew Gurian/Invision/AP, File) DUBAI, United Arab Emirates — The American …
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'Watch Me' rapper Silento stuck in UAE over business dispute
DUBAI, United Arab Emirates — The American rapper known for his hit song “Watch Me (Whip/Nae Nae)” has been stopped from leaving the United Arab Emirates over a business dispute. A court ruling issued against Silento in the city of Al Ain and seen by The …
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Military drills enthrall Abu Dhabi crowd
Abu Dhabi: UAE residents were treated to an action-packed afternoon of military demonstrations up close at a special event in the capital, complete with fighter jets, submarines and helicopters on Thursday, March 2. The show was a live military …
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Live: Military demonstration in Abu Dhabi
Abu Dhabi: UAE residents were treated to an action-packed afternoon of military demonstrations up close at a special event in the capital on Thursday, March 2. Known as the Union Fortress, the multi-force military demonstration drew thousands of people …
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Christchurch dad ordered to return kids to UAE after unlawful detention
A Christchurch man has been ordered to return his children to Abu Dhabi after the High Court found he was detaining them in New Zealand illegally. The man and his wife had been living in Abu Dhabi with the children, aged 8 and 4, since December 2015.
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Abu Dhabi hosts military drill amid Yemen war, Iran tensions
The capital of the United Arab Emirates has hosted a major military exercise before a public audience as the nation fights alongside Saudi troops in Yemen and tensions with Iran remain high. The maneuver, called Union Fortress, took place on Thursday …
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